SRPT Trade on Jan 16, 2014 09:47 from MartinB_BOWS: Tradervue User Stock Trades.

This pattern is a key one that i am starting to see on opening gap plays

On 5 minute timeframe
1- First candle shows indecision
2- Second candle pulls back to VWAP
3- Third candle shallower - hammer and ends positive above VWAP.
4- Fourth Candle is your buy
BOOM !

Execution detail:

Date/time Symbol Side Price Position

2014-01-16 09:47:01 SRPT buy $23.450 long

2014-01-16 09:47:03 SRPT buy $23.450 long

2014-01-16 10:32:05 SRPT sell $26.510 long

2014-01-16 10:35:46 SRPT sell $25.600 0

Date/time	Symbol	Side	Price	Position
2014-01-16 09:47:01	SRPT	buy	$23.450	long
2014-01-16 09:47:01	SRPT	buy	$23.450	long
2014-01-16 09:47:03	SRPT	buy	$23.450	long
2014-01-16 10:32:05	SRPT	sell	$26.510	long
2014-01-16 10:35:46	SRPT	sell	$25.600	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SRPT&trade=790754&end=20140215&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SRPT&trade=790754&end=20140116125046&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SRPT&trade=790754&end=20140116104946&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SRPT&trade=790754&end=20140116160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

January 17, 2014

Very nice!

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SRPT Trade on Jan 16, 2014 09:47 from MartinB_BOWS: Tradervue User Stock Trades.

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